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Aldi touts low prices over ‘gimmick’ merchandising for growth

- Retail
It’s no secret that Americans have been feeling the sting of high grocery costs for months. Rather than become accustomed to eyebrow-raising receipts at the end of every grocery trip, record numbers of shoppers are heading to ALDI , voted No. 1 in price five years in a row.

Lidl lowers prices on more than 100 items to help consumers fight inflation

- Retail
Lidl US says that it will introduce rotating price cuts on more than 100 items in all of its 170+ stores. Lidl will kick off the price-cutting campaign on September 28

Market Basket tops Aldi as best retailer for inflationary times, dunnhumby finds

- Retail
dunnhumby, the global leader in customer data science, today released a special edition of its Retailer Preference Index (RPI), a comprehensive nationwide study of the $1 trillion U.S. grocery market, examining which grocers are winning customers as the economy falters.

Food-at-home inflation remains at 40-year high in August

- General News
The Consumer Price Index for All Urban Consumers (CPI-U) rose 0.1 percent in August on a seasonally adjusted basis after being unchanged in July, the U.S. Bureau of Labor Statistics reported today.

IRI August report shows inflation causing consumers to scale back purchases

- General News
Information Resources, Inc., which recently merged with The NPD Group to create a leading global technology, analytics and data provider, today released a new report, August 2022 Price Check: Tracking Retail Food and Beverage Inflation, with insights about food inflation and its impact on consumer shopping behavior.

Rabobank: High prices affecting shopping decisions, discount traffic up 10-15% 

- Retail
In its most recent North American Agribusiness Review, Rabobank says consumers are clearly trading down in their shopping behavior, dining out less, and choosing discount grocers more often.  

Rising grocery prices will hit Labor Day BBQs

- General News
A trip to the grocery store is taking a bigger bite out of the consumer’s wallet this summer. But just how big?

Deloitte CFO survey shows increasing concern for recession, inflation

- General News
Forty-six percent of surveyed CFOs expect the North American economy to be in a recession by the new year, while 39% expect the North American economy to be in a period of stagflation.

The Produce Reporter Week in Review — August 26, 2022

- Analysis
Pamela was invited to speak about consumer trends at the annual AMHPAC Congress in Puerto Vallarta, Mexico, this week, while Greg provides some details about the E. coli outbreak linked to lettuce at Wendy's restaurants in the Midwest.

Consumers eat at home, bargain shop, and dine out less to offset higher costs

- General News
To offset rising food costs, consumers are bargain hunting when grocery shopping, eating more meals at home and cutting back on restaurant visits